The administrators of Garantex, Aleksej Besciokov and Aleksandr Mira Serda, allegedly knew their crypto exchange was used to launder money, according to U.S. prosecutors.

Garantex, a Russian crypto exchange popular with ransomware gangs and darknet markets, has been taken down in an international law enforcement operation, according to a Friday announcement from the U.

B in transactions, some even labeled 'dirty funds,' since 2019, say prosecutors The Feds today revealed more details about the US Secret Service-led Garantex takedown, a day after seizing websites and freezing assets belonging to the Russian cryptocurrency exchange in coordination with German and Finnish law enforcement agencies.